Samsung Electronics and Hutchison Telecom Australia Sign Contract for
CDMA Systems
Samsung recognized for its outstanding track record, technological strength and project
execution capability.
Hutchison Telecom Australia signs US$210 million supply contract for full CDMA system.
Seoul, South Korea - December, 18, 1998 - Samsung Electronics Co., Ltd., officially announced
that Samsung Electronics and Hutchison Telecom Australia have concluded a major deal for the
delivery and installation of a CDMA Wireless communications system.
Samsung Electronics and Hutchison Telecom Australia Ltd. have concluded a major deal for the
delivery and installation of a CDMA wireless communications system. The approximately US$210
million contract was signed between Samsung Electronics Overseas Business Division Vice
President Taek Hee Kim and the Hutchison Telecom Group Managing Director Khoo Chek Ngee
at Hutchison Telecom's head office in Hong Kong on 12 December 1998. Construction of the
system will be completed by March 2000, in time for the Sydney Summer Olympics, giving
Samsung a chance to show off its technological prowess to the entire world.
Samsung Electronics won out in an international tender held by Hutchison Telecom Australia to
supply the full CDMA cellular communications system in Sydney and Melbourne, Australia.
Samsung will also supply handsets and provide ongoing technical and maintenance support and
additional equipment to expand the system for an eight year period following installation of the initial
network.
Samsung Electronics has been selected to be the Olympic Partner in the Wireless Equipment
category for the 2000 Sydney Olympic Games. Samsung's supply of the CDMA system as well as
70,000 handsets will provide an opportunity to show off its technological sophistication.
This contract with Hutchison Telecom also represents the first and largest single export of CDMA
systems to an advanced market, and it will strengthen Samsung's status worldwide. Samsung's
officials expect that it will pave the way for greater inroads into the growing American, China,
Southeast Asia and Pacific Rim markets for CDMA systems.
Barry Roberts-Thompson, Managing Director of Hutchison Telecom Australia, confirmed the
selection of Samsung as the supplier for the CDMA network in Sydney and Melbourne. Mr.
Roberts-Thompson said of the decision today:
"The agreement with Samsung Electronics is a fantastic milestone in the development of Hutchison
Telecom Australia's business. We already have more than 300,000 paging, cellular re-sale, Internet
and wireless customers in Australia. The investment in our own CDMA infrastructure will provide
the vehicle to further expand our customer base and provide new unique products and services in
the wireless areas.
We are fortunate to have signed Samsung as our technology partner. Samsung's credentials in
CDMA infrastructure provision are impressive with involvement in four Korean networks
supporting over 10 million CDMA subscribers. Samsung is regarded as a world leader in this
technology and we will be using their expertise and project development capability to compete in
the highly competitive environment in Australia."
|
